Ukraine Seeks Renewable Energy Investors to Loosen Russia’s Grip

MOSCOW --
Ukrainian officials say they’ve found a way to protect the nation from Russia: Go green.

Ukraine is seeking U.S. investment in its biomass, wind and solar power industries. The idea is to userenewable energy to curb its reliance on fuel imports from Russia, which annexed Ukraine’s Crimea region last month and has troops massed on the border.

“Russia’s aggression towards Ukraine indeed brought energy security concerns to the fore,” Olexander Motsyk, Ukraine’s ambassador to the U.S. said at a renewable-energy conference at his country’s embassy in Washington yesterday. “I strongly believe the time has come for U.S. investors to discover Ukraine, especially its energy.”

Yesterday’s event was the start of a “road show” to highlight Ukraine’s renewable-energy potential, Volodymyr Shalkivski, the embassy’s first secretary for energy issues, said in an interview. Future events will be held at Ukraine’s consulates in Chicago, New York and San Francisco, he said.

Ukraine relies on Russian natural gas for heat and electric power. U.S. and European officials have been searching for ways to help Ukraine limit this dependence, including expediting U.S. approvals of facilities to export liquefied natural gas.

Russia will demand Ukraine pay in advance for natural-gas deliveries in a month unless the latter nation resumes payments, a move that may lead to disruptions in fuel supplies to Europe, President Vladimir Putin said yesterday during an annual televised call-in show.

40,000 Troops

Pro-Russian separatists have seized government buildings in eastern Ukraine and the North Atlantic Treaty Organization estimates that 40,000 Russian troops are amassed on the border. The conflict has sparked the biggest standoff between the U.S. and Russia since the Cold War, and the U.S. and its European allies have threatened further sanctions if Russia doesn’t calm the situation.

Talks in Geneva between Russia, Ukraine, the U.S. and the 28-nation EU yesterday ended with an accord to help de-escalate the conflict, after Putin said he hopes he won’t have to send in troops.

As leaders seek to reduce tensions, Ukrainian officials say one way to replace Russian gas is through home-grown renewable energy production. Motsyk said the U.S. and the EU should consider strategic partnerships to invest in the country, while acknowledging the inherent risk, given the economic and security climate.

Capital Needed

“The resources are there,” though a major challenge is attracting capital, Todd Foley, senior vice president for policy and government relations at the American Council on Renewable Energy, said at the embassy conference. The Washington-based nonprofit group co-hosted the event, along with the Energy Industry Research Center, a Kiev-based consultancy.

According to the research center, biomass and biogas are the most promising forms of renewable energy for Ukraine, in part because the nation’s network of electric-power lines and substations can’t easily adjust to the addition of significant amounts of wind and solar energy.

Biomass may help replace natural gas used in the nation’s 24,000 boiler plants, officials from the Energy Industry Research Center said.

Boiler Makers

Vadym Glamazdin, the center’s managing director, said Ukraine is seeking strategic partnerships with U.S. businesses, though it hasn’t identified potential companies. Babcock & Wilcox Co., based in Charlotte, North Carolina, and closely held Hurst Boiler & Welding Co. of Coolidge, Georgia, are among companies that make boilers.

Babcock & Wilcox , which didn’t have representatives at yesterday’s conference, has been working closely with the Ukrainian government to explore a fuel switch from natural gas to coal, Patrick Wilson, the company’s director of government affairs for energy, said in a phone interview. He said the company has proposed a five-plant pilot project worth $1 billion to convert the fuel.

“The number one reason for making the fuel switch is to increase the energy security of Ukraine,” Wilson said in a phone interview. Clean-coal technology can replace some of Ukraine’s inefficient natural gas plants, providing a bridge to renewable fuels, he said.

Glamazdin of the Energy Industry Research Center said Ukraine’s heating supply accounts for about 40 percent of all gas imported from Russia, which could be replaced with renewable energy within three to five years.

By 2030, renewables could account for about 15 percent of Ukraine’s electricity supply, up from about 2 percent now, with adequate investment, he said.

4 Comments

I have already suggested ANTONOV to build AIR HYDRO POWER modules (http://airhes.com) - it is the best choice for Ukraine to take Russia away, of course.

Each cloud over your head is NPP unit, but much more cheaper and cleaner...

NB! Major trends in energetics are associated with the transition to renewable energy sources. It then becomes clear that resources are only sufficient for sun and (possibly) wind. Traditional hydropower does not have enough resources. However, the use of cloud energy changes this assessment. Principally it results from economics. All three methods of conversion (PV, wind, clouds) have the same order of magnitude of the energy density (~ 100 W/m2), but only for AIR HYDRO all this energy with virtually no loss can be merged into one point (pipe / turbine), making part of the proportional m2 far cheaper than for other alternatives. This implies the 1-2 orders of magnitude smaller the specific cost and Payback period that allows quickly rebuild the energetics and successfully avoid the collapse of climate & oil in 2050.

ANONYMOUS
April 19, 2014

Te US and European governments should pour money into Ukraine renewable markets instead of money on armament for Ukraine. This will be way more effective.

In Europe we call Russia " the gas station country". China bought in advance oil and gas from Putin, for the next 15 years ( paying in advance with the debts money ).
All the mess that happened in Ucraina happened after the german cancelor was there, the same mess that happened in Turkey after the german cancelor was there ( Turkey controls the gas and the oil from midle east).
When Germany had money to buy the gas from Russia ( due to the uncontroled money printed machines that the germans own), nobody from the UE wanted Ucraina in Europe ( they only wanted the ucrainian and russian girls for prostitution in the german and austrian bordels), but now that the official debts of Germany are about 247% of their BIP and the eurozone countries debts about 387% of their BIP, they want to force Russia to give them for free ( on debts) the oil and the gas, so they can drive their non efficient cars that consume a lot of combustibles, to go from bordels to bordels, and from bars to restaurants, and from holiday to holiday. Not to forget that in Ucraina there are several hundreds thousand of germans, and in Russia many others, so my advise is to have a close look to those people with weapons and masks on their face.
EUROPE WILL NOT GO TO WAR, doesn´t matter how hard the germans and the austrian are trying to destroy Europe again.
Ucraina just like any other country in the world WILL have to embrace sooner or later the Renewables, but not under pressure in such a way to buy german products. It´s has to be on their chioce based on the most efficient products and those that suit better to their climate. The great Russia WILL NOT GO TO WAR, unless is beeing atacked, so WEAPONS OFF from the EAST EUROPE, Don´t mess with East Europe again, there are far more east european in Germany than germans in East Europe.
Dear MR. PRESIDENT OBAMA, the whole world loves you because you are a peacefull man and you´ve been able to bring peace to the world, something that the history will remember you for ever like one of the greatest men of the humanity. Don´t play the game of the germans, keep beeing wise, East Europe is a brotherhood, we care for each other and we´ve been together in peace for ever, and we will keep being in peace for ever and ever.
EUROPE DO NOT WANT ANY COLD WAR AGAIN.
PEACE AND LOVE from EUROPE for the whole WORLD.
House of pain Jump around